Bob Chapman: Sovereign Debt Default, Dollar Devaluation, Economic Depression and War!

Part   5 

• In this interview, Bob Chapman of International Forecaster, warns about :
   
  - The coming sovereign debt crisis. As many as 19 countries including the United States are bankrupt.
  - There will be an international debt settlement meeting between countries like the Louvres, Plaza and Smithsonian meetings in the past. Countries will resolve their debts with one another. Creditor countries will likely have to take a 66% haircut.
  - Countries will then devalue/revalue their currencies against one another. America is likely to devalue the USD by 66%.
  - Gold and silver are the only investment asset you should be in. Abandon paper assets like stocks, treasuries…
  - Real estate market will not recover for at least 8 years. Southern California is going to become an ‘absolute zoo!’
  - Silver is greatly undervalued because of massive manipulation by the gold/silver cartel banksters.
  - The Illuminati will most probably lead the country to war to distract the public from the real problems and causes.
  - and many more issues…

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